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A former US Congressman and indirect beneficiary of Queensland gold mining company Citigold has lost a bid to launch derivative action accusing the company's chairman of sharing insider information with his brother.
A former US congressman who holds shares in Queensland gold mining company Citigold is seeking to bring a derivative action in the Federal Court, accusing the brother of company chairman Mark Lynch of trading on sensitive inside information.
Apple will seek an expedited appeal of a finding that it engaged in anti-competitive conduct in relation to its App Store and orders forcing it to allow third-party app marketplaces and in-app payment solutions for Australian users.
Apple has been ordered to reinstate Epic Games' Fortnite game to its App Store in Australia and allow developers to offer in-app payment methods to Australians, after it was found to have breached competition laws.
Private equity firm Potentia Capital has accused the founder of software company Soprano Design of shareholder oppression, claiming he prevented Soprano's former CEO from performing his role, leading to his resignation four months into the job.
The competition regulator has given its draft approval to Fortnite maker Epic Games and Google for their global settlement of allegations of misuse of market power by the digital giant.
Apple will bring a “full-bodied” opposition to a bid to expand a class action over the running of its App Store, after a judge found the tech company engaged in anti-competitive conduct in the app marketplace last year.
Apple and Epic Games are back in court for a high-stakes fight over the orders a judge should make following his finding that the company engaged in anti-competitive conduct in the app marketplace.
The ACCC has won court approval to make submissions on relief in Fortnite game maker Epic Games' case against Apple, after a judge found the tech company misused its market power in the app marketplace.
A hearing set for this week on relief sought by Fortnite maker Epic Games in its competition case against Google will not go ahead as planned, after the companies reached a global settlement. But the terms of the deal remain to be approved by the ACCC.